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| WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
|---|---|---|---|---|---|---|---|---|
| 1 |
Reporting and clearing assignments |
|||||||
| 2 | 1 |
SIZE AND LOCATION OF A FIRM
|
Concept of firm and industry.
|
By the end of the
lesson, the learner
should be able to:
Differentiate between a firm and an industry. Identify factors influencing goods and services to produce. |
Exposition of new concepts; |
text book
|
New Inventor KLB BOOK III Pg 23-24
|
|
| 2 | 2 |
SIZE AND LOCATION OF A FIRM
|
Size of a firm.
Location of a firm. |
By the end of the
lesson, the learner
should be able to:
Outline ways of determining size of a firm. |
Oral questions;
Guided discussion. |
text book
chart |
New Inventor KLB BOOK III Pg 24-25
|
|
| 2 | 3 |
SIZE AND LOCATION OF A FIRM
|
Localization of a firm.
Delocalization of a firm. |
By the end of the
lesson, the learner
should be able to:
Outline factors that encourage localization of a firm. State advantages and disadvantages of localization of a firm. |
Exposition;
Oral questions; Discussion. |
chart
text book |
New Inventor KLB BOOK III Pg 27-28
|
|
| 2 | 4 |
SIZE AND LOCATION OF A FIRM
|
Internal economies of scale.
External economies of scale.
|
By the end of the
lesson, the learner
should be able to:
Define the term economy of scale. Outline various economies of scale associated with a firm. Outline benefits accruing to a firm as a result of growth of the whole industry. |
Exposition of new concepts.
Discussion. |
text book
|
New Inventor KLB BOOK III Pg 29-30
|
|
| 3 | 1 |
SIZE AND LOCATION OF A FIRM
|
Internal and external
diseconomies of scale.
Existence of small firms. |
By the end of the
lesson, the learner
should be able to:
Define the term diseconomies of scale. Highlight some internal and external diseconomies of scale. |
Exposition of new concepts.
Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 31-32
|
|
| 3 | 2 |
SIZE AND LOCATION OF A FIRM
|
Negative impact of production activities on the environment.
Maintaining a healthy environment. |
By the end of the
lesson, the learner
should be able to:
Highlight adverse effects arising from production activities. |
Probing questions and discussion on
adverse effects of air pollution, water pollution, noise pollution & solid waste pollution. |
text book
chart |
New Inventor KLB BOOK III Pg 33-35
|
|
| 3 | 3 |
PRODUCT MARKETS
|
Introduction.
|
By the end of the
lesson, the learner
should be able to:
Define the term market and marketing. Identify elements that dictate the type of market. |
Oral questions; Probing questions; Guided discussion. |
chart
|
New Inventor KLB BOOK III Pg 40
|
|
| 3 | 4 |
PRODUCT MARKETS
|
Perfect competition market.
Monopoly. |
By the end of the
lesson, the learner
should be able to:
Outline features of a perfect market. |
|
text book
|
New Inventor KLB BOOK III Pg 41-42
|
|
| 4 | 1 |
PRODUCT MARKETS
|
Monopoly power.
|
By the end of the
lesson, the learner
should be able to:
Outline ways of acquiring a monopoly power. |
Exposition of new ideas; Detailed discussion.
|
text book
|
New Inventor KLB BOOK III Pg 43-45
|
|
| 4 | 2 |
PRODUCT MARKETS
|
Monopolistic competition.
|
By the end of the
lesson, the learner
should be able to:
Outline features of a monopolistic competition. Describe price & output determination under monopolistic competition. |
Exposition, discussion and sketching illustrative graphs.
|
chat,text book
|
New Inventor KLB BOOK III Pg 45-46
|
|
| 4 | 3 |
PRODUCT MARKETS
CHAIN OF DISTRIBUTION |
Oligopoly.
Channels of distribution. |
By the end of the
lesson, the learner
should be able to:
Describe features of an oligopolistic market. |
Exposition;
Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 46-47
|
|
| 4 | 4 |
CHAIN OF DISTRIBUTION
|
Distribution of local agricultural produce.
Distribution of locally manufactured goods. Distribution of imported goods. |
By the end of the
lesson, the learner
should be able to:
Describe distribution of local agricultural produce. |
Draw a flow chart;
Brief discussion. |
Chart ?channels of distribution of local agricultural produce
Flow chart. |
New Inventor KLB BOOK III Pg 50-51
|
|
| 5 | 1 |
CHAIN OF DISTRIBUTION
|
Roles played by intermediaries in the distribution chain.
|
By the end of the
lesson, the learner
should be able to:
Outline roles played by intermediaries in the distribution chain. |
Brain storming;
Oral questions; Discussion. |
Illustrative flow charts.
|
New Inventor KLB BOOK III Pg 54-57
|
|
| 5 | 2 |
CHAIN OF DISTRIBUTION
NATIONAL INCOME. |
Choice of distribution channel.
Meaning of national income, GDP, NDP, GNP & NNP. Per capita income. |
By the end of the
lesson, the learner
should be able to:
Explain factors influencing choice of distribution channel. |
Brain storming;
Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 57-58
|
|
| 5 | 3 |
NATIONAL INCOME.
|
Circular flow of income.
|
By the end of the
lesson, the learner
should be able to:
Describe the circular flow of income. State assumptions made in circular flow of income. |
Exposition of new concepts, explanations & discussion.
|
Chart: circular flow of income.
|
New Inventor KLB BOOK III Pg 60-61
|
|
| 5 | 4 |
NATIONAL INCOME.
|
Factors affecting circular flow of income.
Expenditure approach of determining national income. |
By the end of the
lesson, the learner
should be able to:
Outline factors that affect circular flow of income. |
Oral questions;
Exposition of concepts. |
text book
Calculators,text book |
New Inventor KLB BOOK III Pg 61-62
|
|
| 6 | 1 |
NATIONAL INCOME.
|
Income approach of determining national income.
|
By the end of the
lesson, the learner
should be able to:
Determine national income using income approach. List down problems associated with income approach. |
Exposition of new concepts, explanations & discussion;
Calculations. |
Calculators.
|
New Inventor KLB BOOK III Pg 64-65
|
|
| 6 | 2 |
NATIONAL INCOME.
|
Output approach of determining national income.
Uses of national income statistics. |
By the end of the
lesson, the learner
should be able to:
Determine national income using output approach. List down problems associated with output approach. |
Exposition of new concepts;
Probing questions; Guided discussion; Calculations. |
Calculators.
text book |
New Inventor KLB BOOK III Pg 65-66
|
|
| 6 | 3 |
NATIONAL INCOME.
POPULATION & EMPLOYMENT. POPULATION & EMPLOYMENT. |
Levels of national income.
Population growth. Optimum population. |
By the end of the
lesson, the learner
should be able to:
Highlight factors that influence the levels of national income. |
Exposition of new concepts;
Probing questions; Guided discussion; Review exercise. |
text book
Chart- optimum population. |
New Inventor KLB BOOK III Pg 68-70
|
|
| 6 | 4 |
POPULATION
& EMPLOYMENT.
|
Under-population.
Over-population. |
By the end of the
lesson, the learner
should be able to:
Cite factors that lead to under population. State demerits of under -population. |
Brain storming;
Guided discussion. |
Chart- under population.
Chart- over population. |
New Inventor KLB BOOK III Pg 74-75
|
|
| 7 | 1 |
POPULATION
& EMPLOYMENT.
|
Young population.
Ageing population. |
By the end of the
lesson, the learner
should be able to:
Cite factors that may lead to young population. State advantages and disadvantages of a young population. Outline challenges of a young population. |
Brain storming;
Oral questions; Exposition; Guided discussion. |
text book
|
New Inventor KLB BOOK III Pg 78
|
|
| 7 | 2 |
POPULATION
& EMPLOYMENT.
|
Declining population.
|
By the end of the
lesson, the learner
should be able to:
State factors that may lead to a declining population. Outline effects of a declining population. |
Q/A to review young population;
Discussion on ageing and declining populations. |
|
New Inventor KLB BOOK III Pg 78-79
|
|
| 7 | 3 |
POPULATION
& EMPLOYMENT.
|
Population structure.
Employment and unemployment. |
By the end of the
lesson, the learner
should be able to:
Differentiate between a young population and an ageing population. Define the term population structure. Explain implications of population size and structure on development. |
Probing questions;
Drawing an illustrative population pyramid; Discussion. |
Chart- population structure pyramid.,
Diagram of vicious cycle of rapid population growth. text book |
New Inventor KLB BOOK III Pg 80-81
|
|
| 7 | 4 |
POPULATION
& EMPLOYMENT.
|
Causes of unemployment.
|
By the end of the
lesson, the learner
should be able to:
Outline the main causes of unemployment. |
Q/A and brief discussion
|
|
New Inventor KLB BOOK III Pg 87-88
|
|
| 8 | 1 |
POPULATION
& EMPLOYMENT.
|
Solving unemployment problems.
|
By the end of the
lesson, the learner
should be able to:
Suggest some possible solutions to unemployment problems in Kenya. |
Group discussions & presentations;
Guided discussion. |
text book
|
New Inventor KLB BOOK III Pg 88-90
|
|
| 8 | 2 |
NET WORTH OF A BUSINESS.
|
Basic terms used in business.
|
By the end of the
lesson, the learner
should be able to:
Define basic terms used in business. State characteristics of assets / liabilities. |
Brief discussion on the terms debtor, creditor, asset, liability and capital. |
|
New Inventor KLB BOOK III Pg 92-95
|
|
| 8 | 3 |
NET WORTH OF A BUSINESS.
|
Book-keeping Equation.
Balance sheet. |
By the end of the
lesson, the learner
should be able to:
Identify sources of assets. Derive and explain the bookkeeping equation. |
Use a concrete example to arrive at the book-keeping equation.
Apply the book-keeping equation. Supervised practice. |
text book
|
New Inventor KLB BOOK III Pg 95-97
|
|
| 8 | 4 |
NET WORTH OF A BUSINESS.
|
Importance of a balance sheet.
|
By the end of the
lesson, the learner
should be able to:
Explain importance of a balance sheet. |
Probing questions;
Discussion. |
|
New Inventor KLB BOOK III Pg 99
|
|
| 9 | 1 |
NET WORTH OF A BUSINESS.
|
Book-keeping equation and balance sheet.
|
By the end of the
lesson, the learner
should be able to:
Relate book-keeping equation with balance sheet |
Guided discovery;
|
|
New Inventor KLB BOOK III pg 99
|
|
| 9 | 2 |
NET WORTH OF A BUSINESS.
BUSINESS TRANSACTIONS |
Net worth of a business.
Topic review. Types of business transactions. |
By the end of the
lesson, the learner
should be able to:
Determine a business net worth using book-keeping equation and a balance sheet. |
Discussion.
|
chart
|
New Inventor KLB BOOK III Pg 99-100
|
|
| 9 | 3 |
BUSINESS TRANSACTIONS
|
Effects of transactions on the balance sheet.
|
By the end of the
lesson, the learner
should be able to:
Determine the effects of transactions on the balance sheet. |
Worked examples;
Supervised exercise; Guided discovery. |
chart
|
New Inventor KLB BOOK III Pg 103-108
|
|
| 9 | 4 |
BUSINESS TRANSACTIONS
|
Changes in capital:
Drawing.
Additional investments. |
By the end of the
lesson, the learner
should be able to:
Explain how drawings affect capital. |
Worked examples Supervised practice. Exercise. |
|
New Inventor KLB BOOK III Pg 108-9
|
|
| 10 | 1 |
BUSINESS TRANSACTIONS
|
Profit & losses.
|
By the end of the
lesson, the learner
should be able to:
Determine the solvency of a business. |
Q/A : review meaning of terms profit and loss.
Work through examples. |
text book
|
New Inventor KLB BOOK III Pg 109-110
|
|
| 10 | 2 |
BUSINESS TRANSACTIONS
THE LEDGER. |
Initial and final capital of a business.
Meaning and purpose of a ledger. |
By the end of the
lesson, the learner
should be able to:
Compute the capital at the end of a given period. |
Work through examples;
Group activities; Guided discussion. |
text book
A ledger book. |
New Inventor KLB BOOK III Pg 111
|
|
| 10 | 3 |
THE LEDGER.
|
Rules of recording transactions in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record transactions in a ledger A/Cs. |
Exposition and summary in tabular form
|
A ledger. |
New Inventor KLB BOOK III 118-120
|
|
| 10 | 4 |
THE LEDGER.
|
The concept of double entry.
|
By the end of the
lesson, the learner
should be able to:
Apply the rule of double entry. |
Further worked examples;
Supervised practice. Assignment. |
text book
|
New Inventor KLB BOOK III Pg 120
|
|
| 11 | 1 |
THE LEDGER.
|
Recording business transactions in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record accounting transactions in ledger A/Cs. |
Exposition;
Oral questions; Guided discovery. |
Ledger.
|
New Inventor KLB BOOK III Pg 120-5
|
|
| 11 | 2 |
THE LEDGER.
|
Purchase of goods and purchase of stock in cash / on credit.
Purchase returns. Sale returns. |
By the end of the
lesson, the learner
should be able to:
Record purchase of stock in cash / on credit. |
Exposition;
Oral questions; Guided discovery. |
The Ledger.
|
New Inventor KLB BOOK III Pg 127-9
|
|
| 11 | 3 |
THE LEDGER.
|
Expenses in ledger account.
Revenues in ledger accounts. |
By the end of the
lesson, the learner
should be able to:
Record expenses in ledger account. |
Practical activity;
Worked examples; Supervised practice. |
The Ledger.
|
New Inventor KLB BOOK III Pg 130-1
|
|
| 11 | 4 |
THE LEDGER.
|
Drawings in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record drawings in a ledger account. |
Practical activity;
Worked examples; Supervised practice. |
The Ledger.
|
New Inventor KLB BOOK III Pg 132
|
|
| 12 | 1 |
THE LEDGER.
|
Balancing ledger accounts.
Balancing an account with only one entry. |
By the end of the
lesson, the learner
should be able to:
Balance ledger accounts. |
Oral questions;
Guided discovery; Numerous examples. |
The Ledger.
|
New Inventor KLB BOOK III Pg 133-4
|
|
| 12 | 2 |
THE LEDGER.
|
Uses of ledger accounts.
Trial balance. Purpose of a trial balance. |
By the end of the
lesson, the learner
should be able to:
Outline uses of ledgers. |
Probing questions;
Guided discussion. |
chart
|
|
|
| 12 | 3 |
THE LEDGER.
|
Limitations of a trial balance.
Classification of ledger accounts. |
By the end of the
lesson, the learner
should be able to:
Outline limitations of a trial balance with reference to ?hidden? errors. Outline errors that may cause a trial balance not to balance. |
Exposition of new concepts;
Guided discussion. |
chart
|
New Inventor KLB BOOK III Pg 138-9
|
|
| 12 | 4 |
THE LEDGER.
|
The general ledger.
Topic review. |
By the end of the
lesson, the learner
should be able to:
Outline features of the general ledger. |
Oral questions;
Guided discussion. |
Chart ?classes of accounts and appropriate ledgers.
|
New Inventor KLB BOOK III Pg 141
|
|
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